Storefront
For Sale
$94,500
2953 Hwy 167 N, Sheridan, AR 72150
Built in 2005 with direct exposure along Hwy 167 N.
Property Size400 SF
Price / SF$236.25
Days on Market19
Property Features for 2953 Hwy 167 N
General Information
Standard status
Active
Size
400 SF
Building Details
Year Built
2005
Listing Agency:
Liveco Real Estate
(501) 680-4152
Listed By:
Melanie Wilkie
Source:
Themoverealty
Added: Aug 13
Changed: Aug 29
Last Checked: Aug 30 at 8:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Liveco Real Estate
Investment Insights
Based on property information with market context.
This storefront property was built in 2005 and is positioned directly along Hwy 167 N. The property is located at 2953 Hwy 167 N in Sheridan, Arkansas, and is offered for sale with lease availability also noted.
Key Highlights
- Storefront property built in 2005
- Located at 2953 Hwy 167 N, Sheridan, AR 72150
- Direct exposure along Hwy 167 N
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,980
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$79,600
$79.6K
Cap Rate 7%
$56,857
$56.9K
Cap Rate 9%
$44,222
$44.2K
Market Conditions
NOI Build-Up for 400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$6.0K $15.12/SF
− Vacancy
−$363 −$0.91/SF
EGI
$5.7K $14.21/SF
− OpEx
−$1.7K −$4.26/SF
NOI
$4.0K $9.95/SF
Area
Grant County, AR
Vacancy
6.00%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$79,600
Cap Rate 7%
$56,857
Cap Rate 9%
$44,222
Alternative Uses
Best Use
Retail
$56.9K
$49.8K – $66.3K
NOI $3,980 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$81.4K
$71.3K – $95.0K
NOI $5,701 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 72150, AR
12,218
Population
5,359
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
90%
High-School Grad
293.5 sq mi
ZIP Area
42
Density / Sq Mi
$75,342
Median Household Income
$45,316
Median Earnings
$781
Median Rent
$176,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Built in 2005 with direct exposure along Hwy 167 N.
Where is this storefront property located?
The property is located at 2953 Hwy 167 N Sheridan, AR.
What is the asking price?
The asking price for this property is $94,500.
What are key features of this property?
This property features: Storefront property built in 2005; Located at 2953 Hwy 167 N, Sheridan, AR 72150; Direct exposure along Hwy 167 N
